Quote from stock777:
Has anyone just tried throwing a dart(s) at a clock at say 8:30 am , then trading at those times landed upon? Only if the TL breaks or the CCI diverges from the lsma.
Very little stress, (but make sure no one is standing in front of the dart board, lawsuits can be costly).
There is nothing random, just impossible to predict. - A. Einglass
Quote from tradersaavy:
Walter,
Just wanted to make sure I understand something as it relates to Trading Times.
Did you say that a trade should be taken AFTER the call Time ?
Yes, At or after TT , not before.
Should a CCI divergence or MA crossover that takes place before the Time be disregarded as they relate to TT's ?
CCI divergence should be completed at or after TT, the same rule goes for MA crossovers. These rules are made so everyone on this forum can evaluate TT validity. In real trading , if you are familiar with action and have confirmation from your proprietary method and KNOW that your confirmation is early in most cases, that would be, of course, up to you .
Walter
]
Quote from Walther:
Long Shot and stock 777,
thanks for your sincere interest, , If you have noticed ( you would have to have charting service to be able to see that ) TT posted yesterday made daily low and high today.
Walter
Quote from stock777:
Now I know why I can't make the real money. My lousy service shows, just for example, today's high at 11:53 (973.25). And you called for 11:25.
If you bother to look at charts you would see that CCI divergence was completed by 11:38 on 1 min charts and 11:50 on 5 min charts, which is 5 bars. If you sold at high of 11;25EST 5 MIN BAR, WOULD YOU BE ABLE TO MAKE A PROFIT ? Not you personally, but hypothetically . Mind you that 11:25 was posted one day BEFORE it happened.
YOU MAY CONSIDER TO ASK SOMEONE WITH A TRADING EXPERIENCE HOW LONG IT TAKES FOR A TRADE TO DEVELOP FROM A SETUP TO A TRIGGER. YOU MAY BE ASTONISHED THAT IT ACTUALLY MIGHT TAKE HOUR OR MORE FOR AN INTRADAY TRADING .
I know you mean well, but you really need to get more acquainted with TA .
Walter
Quote from theplumber:
Any insight as to the basis to the time calls? Reason I ask is because Al Larson called 11:50 the day before for a tide turn but his methods are based on pure science, is yours? Just trying to get an understanding of how you base the times on, that's all.